"When I was a boy, there was a popular saying: Don’t just sit there; do something. But for investing, I’d invert it: Don’t just do something; sit there.
Develop the mindset that you don’t make money on what you buy and sell; you make money on what you hold."
— Howard Marks
Major FIAT currencies are in a losing parabolic run vs #gold.
Standard FX pair charts does not reveal the debasing of FIAT currencies. Need to measure vs gold.
And, vital to realize, this is not gold going up, it is mainly FIAT going down.
🇦🇺🇨🇦🇬🇧🇪🇺 $XAUEUR $XAUGBP $XAUAUD $XAUCAD
@seladadefruta A eterna questão mantém-se, quem é o padrinho do Nuno Luz?? É impossível alguém que avalia o seu trabalho pensar, "Bom, bom para ir cobrir o Euro e o Mundial é aquele Nuno Luz..."
@AzevedoAlves O homem andou longe quando arrebentou o caso do irmão, voltou agora e está completamente emocional e irracional a discutir, sei que é o director de informação, mas alguém que lhe diga para se abster de comentar
The US will need to refinance almost half of its national debt in less than 2 years.
Let's not forget that interest rates were at 0% just 15 months ago.
Wait until these debt instruments need to be rolled over at 5% rates.
One thing is true:
None of us own enough hard assets.
The debt ceiling issues present a much greater risk than currently perceived.
Although prior concerns have proven to be mostly peripheral, today’s circumstances are quite unique.
To be clear:
The main problem relates to the potential consequences after an agreement.
👇👇👇
@felipedmdsouza @B24PT Centr. direitos televisivos e jogos em horários mais atrativos ao público são inconciliáveis. A SportTV ainda hoje mete em horários que garantam mais pessoas no sofá, pouco se importam com jogos em horário atrativo à família nos estádios (sábados às 16h por exemplo)